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NEC Buddy Ganem @ Midway FKA CR2004/72 & CR3567/79, Portland, TX 78374

157.3 acres in Portland's ETJ for residential development.

Property SizeContact for details
Lot Size157.30 Acres
Days on Market739

Property Features for NEC Buddy Ganem @ Midway FKA CR2004/72 & CR3567/79

General Information

Standard status Active
Lot size 157.30 Acres
Property subtype Land
Zoning mixed
Listing Agency: Cass Real Estate
Listed By: Cass Real Estate Assistant Cass Real Estate · License #TX 0741690
Source: Crexi
Added: Aug 4, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cass Real Estate

Investment Insights

Based on property information with market context.

This 157.3+/- acre property presents a development opportunity in Portland, situated at the corner of Buddy Ganem Drive and Midway Road (formerly CR 2004/72 & CR 3567/79). Located within Portland's extra-territorial jurisdiction, the site is positioned to address the area's increasing housing demand. The property benefits from its location within the Gregory-Portland Independent School District, near the WC Andrews Elementary School. The surface estate will convey with the 157.3 +/- acres, featuring 2,640' of frontage along Buddy Ganem Drive and 2,640' along Midway Road. Note that the existing metal building on 2.71 acres is excluded from this offering. The area's economic base is expanding due to the presence of ExxonMobil, Cheniere, Arcelor Mittal, Steel Dynamics Inc, and the Port of Corpus Christi. New businesses in Portland include Chic-fil-a and Auto Zone, with Target, Olive Garden, Chipotle, and Longhorn Steakhouse also planned for the area. This property is suited for residential development.

Key Highlights

  • Large 157.3 +/- acre property, ideal for a new residential subdivision.
  • Located in Portland's extra territorial jurisdiction to meet the growing housing demand.
  • High‑growth area due to major industrial expansions.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 78374, TX

20,281
Population
8,426
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
18.6 sq mi
ZIP Area
1,090
Density / Sq Mi
$81,580
Median Household Income
$43,110
Median Earnings
$1,492
Median Rent
$225,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 157.3 acres in Portland's ETJ for residential development.
Where is this residential land & home lot located?
The property is located at NEC Buddy Ganem @ Midway FKA CR2004/72 & CR3567/79 Portland, TX.
What is the asking price?
The asking price for this property is $4,703,270.
What are key features of this property?
This property features: Large 157.3 +/- acre property, ideal for a new residential subdivision.; Located in Portland's extra territorial jurisdiction to meet the growing housing demand.; High‑growth area due to major industrial expansions.
More about this property
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